Maybank Kim Eng’s Lai Gene Lih is optimistic about Singapore’s tech manufacturing sector despite the global chip shortage. Lai maintains his “positive” rating on the sector, saying that he prefers companies with wafer front end (WFE) exposure, as these are beneficiaries of current chip short...

Photo: Bloomberg Maybank Kim Eng analysts Thilan Wickramasinghe and Lai Gene Lih say they see the current volatility in markets brought about by the latest spate of infections as opportunities to “buy the dip”. “This creates opportunity in a market that has re-rated 18% in 12-months, we believ...

Photo: The Edge Singapore The impact of the heightened Phase 2 restrictions will be short-lived for now, given that it is slated to end in mid-June, says UOB Kay Hian analyst Adrian Loh and the Singapore research team. This is also based on the assumption that the number of community infections in S...

DBS Group Research, Maybank Kim Eng and RHB have maintained "buy" on technology solutions provider Frencken Group after strong semiconductor growth, with DBS raising its target price to S$1.98, from S$1.55 previously. Maybank KE and RHB left target prices unchanged at S$1.74 and S$...

Driven by its strong semiconductor division, Frencken Group is gaining momentum while remaining stable with diverse operations, say analysts. “We like Frencken for its diversified portfolio of product offerings, which provides a stable source of earnings, strengthening its value proposition among ...

MAINBOARD-LISTED technology solutions provider Frencken Group on Wednesday posted a first-quarter net profit of S$14.7 million, up 54.7 per cent from S$9.5 million a year earlier, led by improved sales from its semiconductor segment.

Singapore has been dealing with the Covid-19 pandemic for over a year now and several new trends have risen in the market amid the “new norms”. In RHB Securities Singapore’s 20 Jewels 2021 Edition, the research house notes that while Covid-19 caused a steep correction in global markets, especi...

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No The demand for hardware ...

RHB Group Research analyst Jarick Seet remains bullish on Frencken Group and believes further upside to its share performance is possible. He maintains his ‘buy’ rating for the counter with a higher target price of $1.77 from $1.52 previously, pegged to a higher multiple of 14 times on the rerat...

Maybank Kim Eng’s Lai Gene Lih has maintained his “positive” rating on the semiconductor industry, saying, “recent news continue to reinforce our view that the current momentum for our Singapore semicon equipment coverage is positive”. He notes that Applied Materials (AMAT) reiterated its ...